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US VC firm Openner to launch accelerator in Egypt
STARTUP WATCH- US VC firm Openner to launch accelerator in Egypt: Washington, DC-based venture capital outfit Openner will establish an…
Profits at top 5 real estate firms fall 31% in 2Q2020
Egypt’s five largest listed real estate companies reported a combined drop in profits of around 31% in 2Q2020 as a…
MNOs to submit bids for new cellular frequencies on Thursday
The country’s four mobile network operators (MNOs) will submit bids on Thursday for new cellular frequencies being offered by the…
Nile Cotton Ginning board thinks IMEX offer price is low
M&A WATCH- Nile Cotton Ginning board thinks IMEX offer price is low: Nile Cotton Ginning's board of directors believe that…
Speed Medical acquires Misr Laboratories for EGP 10 mn
M&A WATCH- Upstart labs outfit Speed Medical signed a sale and purchase agreement to acquire Misr Laboratories in a transaction…
Ezdehar Egypt Mid-Cap Fund acquires minority stake in Al Tayseer Healthcare Group
M&A WATCH- Ezdehar Egypt Mid-Cap Fund has acquired a minority stake in AlTayseer Healthcare Group, according to an Ezdehar statement…
Is Telecom Egypt serious about a Vodafone Egypt takeover?
M&A WATCH- Is Telecom Egypt serious about a Vodafone Egypt takeover? Telecom Egypt (TE) could be about to thwart Saudi…
Gov’t to relax restrictions on mass gatherings from Monday
Gov’t to relax restrictions on mass gatherings from Monday: Public wedding celebrations, funeral prayers, expos, and some sports and educational…
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